Which of the following does NOT pertain to how e-mail has affected employee communication?

A) E-mail enables managers to deliver concerns quickly with less effort.
B) E-mail enables managers to deliver praise quickly with less effort.
C) E-mail interferes with workflow.
D) E-mail tends to facilitate more honest and immediate feedback than other approaches.


C

Business

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In its first year of business, Borden Corporation had sales of $2,200,000 and cost of goods sold of $1,300,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):

A.

Sales Refund Payable132,000? 
Accounts receivable 132,000?

B.
Sales Returns and Allowances132,000? 
Sales Refund Payable 132,000?
Inventory Returns Estimated78,000? 
Cost of goods sold 78,000?

C.
Accounts Receivable2,200,000? 
Sales 2,200,000?

D.
Sales2,200,000? 
Sales Refund Payable 132,000?
Accounts receivable 2,068,000?

E.
Sales returns and allowances132,000? 
Sales 132,000?
Cost of Goods Sold78,000? 
Inventory Returns Estimated 78,000?

Business

All of the following normally are found in a corporation's stockholders' equity section except

a. Common Stock. b. Additional Paid-in Capital. c. Retained Earnings. d. Dividends in Arrears.

Business

One of the drawbacks of full product cost is that it is relevant only for companies providing services

Indicate whether the statement is true or false

Business

________ are popular vehicle used to finance mergers and takeovers

A) Income bonds B) Junk bonds C) Floating rate bonds D) Convertible debentures

Business